Friday, October 28, 2016

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Agriculture Secretary Vilsack Awards $45 Million in Grants to Help Agricultural Producers and Small Rural Businesses Develop New Products

EAU CLAIRE–Agriculture Secretary Tom Vilsack today announced that USDA is providing more than $45 million to help farmers, ranchers, small businesses and entrepreneurs nationwide develop new product lines. USDA is investing in 325 projects through the Value-Added Producer Grant (VAPG) program.

"Value-Added Producer Grants are one of USDA's most sought-after funding sources for veteran and beginning farmers, and rural-based businesses," Vilsack said. "These grants provide a much-needed source of financing to help producers develop new product lines and increase their income, and keep that income in their communities. Economic development initiatives like this one are working – the unemployment rate in rural America is at an eight-year low and incomes rose 3.4 percent last year. Small business entrepreneurship, which Value-Added Producer Grants support, is a major reason why rural America is a making a comeback."

VAPG grants can be used to develop new product lines from raw agricultural products or promote additional uses for established products. Veterans, socially-disadvantaged groups, beginning farmers and ranchers, operators of small- and medium-sized family farms and ranches, and farmer and rancher cooperatives are given special priority.

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Jake Putnam grew up on a farm outside of Portneuf Gap, Idaho. Along the way he taught tennis, taught at a junior high school, worked on a newspaper, and spent 13 years as a broadcast reporter. While reporting he met kings, and movie stars, covered the Statehouse, flew in fighter jets and nearly got burned up in the great Yellowstone fire. He has an Emmy and two nominations to his credit. Putnam now writes for the Producer and Quarterly magazines, and the Farm Bureau News blog.